Today, I’m going to talk about something crucial for anyone interested in real estate: the 10 biggest mistakes people make when buying land. Whether you’re looking to buy land, flip it, or build your dream home, you need to know these pitfalls to avoid costly errors.

On our channel, " DonLand," we dive into all aspects of real estate – from buying and flipping land to purchasing and selling houses. You'll find everything you need to know right here. And hey, if you know someone who's a real estate agent or thinking about getting into real estate, make sure to share this video with them. They’ll thank you for the valuable tips and insights.
So, let’s get started!

1. **Walk the Land**: Always walk the property in different weather conditions to identify potential issues like flooding or unauthorized structures.
2. **Avoid Overpaying**: Research comparable sales and consider hiring a real estate agent or paying for an appraisal to ensure you're not overpaying.
3. **Get a Survey**: Obtain a professional survey to verify property boundaries and avoid disputes with neighbors.
4. **Check for Wetlands**: Investigate if the property is part of a wetland to avoid construction and regulatory issues.
5. **Check Flood Zones**: Determine the property's flood zone classification to understand insurance rates and building regulations.
6. **Deed Restrictions**: Look into any deed restrictions that might limit what you can do with the land.
7. **Soil Percolation**: Ensure the soil can support a septic system if the property isn't connected to a city sewer system.
8. **Water Supply**: Check if the property has access to city water or if you'll need to dig a well, considering the costs.
9. **Talk to Neighbors**: Gather information from neighbors about the property and area to uncover any hidden issues.
10. **Get a Title Policy**: Secure a title policy to protect your ownership and ensure there are no legal claims against the property.

#buyingland
#mistakes
#landinvesting

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